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The week: Bulgaria’s economy is (surprise, surprise) doing very well, the real estate market - not so much, and some dolphins get religious
Don’t do stupid shit and things are going to get better

Winter is coming, but natural gas is not: what is going on in Bulgaria?
In July, the energy regulator adopted the highest natural gas price so far this year for the regulated market

Bulgaria can manage without Russian gas, but will have to pay up for it
Gazprom halts gas deliveries to Bulgaria, which is almost 100% dependent on imports from Russia. Imports from Romania and Greece can substitute it, but at a cost

If Only We Could Predict Inflation or Why there are no super-wealthy economists
Should the fixed income market turn out to be correct once again, and should recession loom, inflation talk will not only cease but we will yearn for a return to price growth once businesses collapse and unemployment soars

The week: New cabinet gets 1 day’s tolerance; what to do with the Prosecutor-General; go ski!
K insights 17/12: How not to run a parliament, and why "Yes, Minister" is a must-see

The most dynamic companies: Revenue growth accelerates, construction dominates
Total revenue of the top 50 fastest-growing companies rose by 87% in 2020


Market recovery: Bulgarian enterprises are booming
Industrial turnover rose in the double digits in March and commodity exports hit an all-time high

Journalists SLAPPed, threatened and pressured; cabinet purges "kalinki", while Left and Right gear up for elections
The troubles of being a journalist in Bulgaria, every final decision is penultimate and who are the ladybirds of the administration

Gradus’ shares, the Sofia stock exchange, and pension funds
According to the Sofia-listed company’s prospectus for its 2018 IPO, revenues were much higher in 2017 than in any of the following three years. Seven pension funds are shareholders to this day.

A tale from the (still) captured state, new elections and the Russians are coming... for now
K Insights 07/05: there are money for COVID-measures until June; who is the largest builder in Bulgaria

A price shock for industry
The Prices of raw materials and energy goods like steel, aluminum, and CO2 quotas rose significantly in just six months

Construction business: the largest builder in Bulgaria
How Veliko Zhelev turned his Hidrostroy company into an empire

Exports in crisis: A boost from copper
Sales of Bulgarian goods abroad decreased by 6.4% last year because of the coronavirus crisis

Wealthier, spending less and slowly recovering: the Bulgarian economy at the end of 2020
Unsurprisingly, GDP shrank in the fourth quarter. Wages were up, exports made a surprising comeback in December, and deflation will return for a while

Bulgaria’s biggest companies post slower sales growth than regional peers in 2018
Oil refinery Lukoil Neftochim Burgas second biggest loser in Southeast Europe

Top 25 in the fuel sector: The largest companies are at a crossroads
The sector performed well in 2018 but key challenges lie ahead – the Sofia Airport concession, the EU decision on trucks and the introduction of the toll tax in Bulgaria

The TOP 25 in the fuel sector: A year of infighting and scandals
A major restructuring is underway in the sector as new players seek a bigger share of the market